SHA:603282 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	338.26	389.11	368.66	394.73	222.08	69.75
Short-Term Investments	-	10.04	20	-	-	-
Trading Asset Securities	143.89	145.27	92.07	131.23	0.52	94.11
Cash & Short-Term Investments	482.15	544.41	480.73	525.96	222.6	163.87
Cash Growth	9.33%	13.25%	-8.60%	136.28%	35.84%	22.07%
Accounts Receivable	326.98	319.87	358.1	358.51	367.4	223.11
Other Receivables	6.68	3.43	4.27	11.78	9.59	0.18
Receivables	333.66	323.29	362.37	370.29	377	223.29
Inventory	913.86	892.91	1,134	1,190	982.86	598.43
Other Current Assets	124.24	91.95	133.22	195.3	180.04	111.04
Total Current Assets	1,854	1,853	2,110	2,281	1,762	1,097
Property, Plant & Equipment	414.93	414.97	370.84	286.73	226.8	153.58
Long-Term Investments	-	-	-	5.08	-	-
Other Intangible Assets	122.43	123.28	125.51	83.64	70.35	65.62
Long-Term Accounts Receivable	-	0.58	1.32	7.89	7.84	4.11
Long-Term Deferred Tax Assets	29.58	29.48	25.06	18.78	14.05	11.33
Long-Term Deferred Charges	5.16	6.06	4.18	4.83	3.27	2.47
Other Long-Term Assets	4.89	5.12	18.15	45.16	10.73	13.36
Total Assets	2,431	2,432	2,655	2,733	2,096	1,347
Accounts Payable	64	54.49	51.69	122.75	195.84	90.77
Accrued Expenses	10.15	78.41	85.94	62.33	63.9	38.74
Short-Term Debt	2	2	-	-	16.92	-
Current Portion of Leases	0.55	0.55	2.27	1.86	-	-
Current Income Taxes Payable	36.79	4.74	11.33	6.84	12.66	3.57
Current Unearned Revenue	870.5	837.7	1,063	1,087	975.94	613.32
Other Current Liabilities	105.95	110.8	164.89	181.05	202.68	138.59
Total Current Liabilities	1,090	1,089	1,379	1,462	1,468	884.99
Long-Term Debt	-	-	-	-	-	17.81
Long-Term Leases	0.86	0.85	4.04	1.63	-	-
Long-Term Unearned Revenue	19.64	19.77	20.29	20.58	21.06	21.54
Long-Term Deferred Tax Liabilities	-	-	-	2.64	2.53	-
Other Long-Term Liabilities	-	-	-	30.46	27.79	14.57
Total Liabilities	1,110	1,109	1,404	1,517	1,519	938.91
Common Stock	133.82	133.82	133.82	133.82	100.32	100.32
Additional Paid-In Capital	525.35	525.35	525.35	525.35	41.37	41.37
Retained Earnings	659.45	662.71	597.92	545.39	424.12	256.52
Treasury Stock	-20	-20	-19.66	-	-	-
Comprehensive Income & Other	18.27	17.37	14.7	11.45	9.73	8.3
Total Common Equity	1,317	1,319	1,252	1,216	575.54	406.52
Minority Interest	3.56	3.49	-0.86	0.6	0.67	1.66
Shareholders' Equity	1,320	1,323	1,251	1,217	576.21	408.18
Total Liabilities & Equity	2,431	2,432	2,655	2,733	2,096	1,347
Total Debt	3.41	3.4	6.31	3.49	16.92	17.81
Net Cash (Debt)	478.74	541.02	474.42	522.48	205.68	146.06
Net Cash Growth	10.14%	14.04%	-9.20%	154.03%	40.82%	25.89%
Net Cash Per Share	3.40	4.06	3.53	4.18	2.05	1.45
Filing Date Shares Outstanding	132.45	132.45	132.47	133.82	100.32	100.41
Total Common Shares Outstanding	132.45	132.45	132.47	133.82	100.32	100.41
Working Capital	763.96	763.87	730.54	819.83	294.54	211.64
Book Value Per Share	9.94	9.96	9.45	9.09	5.74	4.05
Tangible Book Value	1,194	1,196	1,127	1,132	505.19	340.9
Tangible Book Value Per Share	9.02	9.03	8.50	8.46	5.04	3.40
Buildings	-	265.82	252.23	167.52	159.48	-
Machinery	-	169.09	145.94	128.02	109.01	-
Construction In Progress	-	112.01	72.49	75.34	24.82	-